Market Value of Block-2, FAKIRPET, KARIMNAGAR

IGRS Market Value in Block-2, Fakirpet (Karimnagar Rural), Telangana (2026)

As per IGRS Telangana guidance values (2026), the Block-2 market value in Fakirpet village, Karimnagar Rural mandal, Karimnagar district is Rs 1,300 per sq.yard for land under Classification 01 (Residential). For apartments, the guidance rate is uniform at Rs 1,500 per sq.ft for Ground floor, First floor, and Other floors. These IGRS values are the benchmark used by the Sub-Registrar to calculate registration charges and to check undervaluation in sale deeds—important for both buyers and sellers.

Is Block-2 a Premium or Affordable Part of Fakirpet?

Within Fakirpet, the Block-2 market value indicates an affordable-to-mid range residential pocket, especially because apartment rates are not differentiated by floor and remain at Rs 1,500/sq.ft. For buyers, this typically signals stable guidance pricing rather than a sharp “premium corridor” markup.

Registration Cost Estimate (Example)

For a 100 sq.yard residential plot in Block-2:

• Market value: 100 x Rs 1,300 = Rs 130,000
• Stamp duty (5.5%): Rs 7,150
• Registration fee (0.5%): Rs 650
• Transfer duty (1.5% municipal areas): Rs 1,950

Buyer Advice for Block-2

• Use the Block-2 market value to budget registration and negotiate only after checking road access, plot dimensions, and approvals.
• For flats, verify built-up area calculations against the Rs 1,500/sq.ft guidance rate.
• Confirm the property is recorded as Residential (01) and matches the exact Block-2 location in IGRS records.